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Dec 31, 2012
12/12
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the attack left the u.s. ambassador and three other americans dead. >> police in woodbridge are looking for a man accused of shooting out the window of an elementary school. according to investigators, at the shooting happened sometime between last friday night and saturday morning. this man was caught on surveillance cameras at around that time. no one else was inside the school. if you know anything about this case, called crimestoppers. >> it looks what we're looking at a cold night to be out on the town. >> let's get our first look at the forecast. >> a cold night ahead, but not as cold as it was a couple of nights ago. it is 40 at reagan national, but we will hold to the 30's as we move until midnight. and then we may lose a couple of more degrees after that. here is a look at satellite and radar. we will see the chance for a little bit of a wintry mix during the day tomorrow. your new year's eve forecast calls for temperatures in the 30's. the clouds will stick around all day long tomorrow. we do have s
the attack left the u.s. ambassador and three other americans dead. >> police in woodbridge are looking for a man accused of shooting out the window of an elementary school. according to investigators, at the shooting happened sometime between last friday night and saturday morning. this man was caught on surveillance cameras at around that time. no one else was inside the school. if you know anything about this case, called crimestoppers. >> it looks what we're looking at a cold...
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Dec 15, 2012
12/12
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FBC
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adam: the u.s. is escalating its involvement in the syrian crisis, sending patriot missile batteries to turkey plus 400 ground troops. it is all part of a nato effort to protect turkey from possible missile attacks coming from syria. how much further could the u.s. military be dragged into a region unraveling by the day? we want to ask peter brookes, senior fellow at heritage foundation. are we getting a quack mire sending troops, 400 of them and the patriot missile batteries? >> no, i don't think so. this makes sense. it is symbolic for the turkey, major ally in that part of the world. in case assad regime fires missiles into turkey or fired at the rebels and end up in turkey. there has been a lot of stuff going on along the border. this will protect turkey, our nato ally, from attack. adam: will take several weeks to set up the patriot missile batteries. >> that's right. adam: if they need the batteries to protect them do they have time for that? isn't the assad regime on its last leg now? >> that
adam: the u.s. is escalating its involvement in the syrian crisis, sending patriot missile batteries to turkey plus 400 ground troops. it is all part of a nato effort to protect turkey from possible missile attacks coming from syria. how much further could the u.s. military be dragged into a region unraveling by the day? we want to ask peter brookes, senior fellow at heritage foundation. are we getting a quack mire sending troops, 400 of them and the patriot missile batteries? >> no, i...
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Dec 31, 2012
12/12
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no deal tonight in the u.s. senate. continuing, are though, between the vice president and mitch mcconnell. in a rare sunday night session -- i think the enormity of the issue is very clear. >> u.s. senators gathered to solve a self-imposed crisis. their plan to carve out a compromise dissolved. >> there is no simple issue that impossible sticking point. we are willing to make difficult concessions. >> come january 1, tax hikes and budget cuts go into effect. >> regardless of differences, top priority has to be to e that taxes on middle- families do not go up. >> the plan before the senate tax -- would eight prevent a tax increase. clear differences remain. seene odds are we have not the leadership on either side of e to solve this problem. is a contraction economy. loss of jobs which could be well in addition to the people already on unemployment. >> the senate reconvenes 11:00 on monday. the president's heerview earlier today, the issue of guns. the president said the day of newtown shooting was the t of his presidenc
no deal tonight in the u.s. senate. continuing, are though, between the vice president and mitch mcconnell. in a rare sunday night session -- i think the enormity of the issue is very clear. >> u.s. senators gathered to solve a self-imposed crisis. their plan to carve out a compromise dissolved. >> there is no simple issue that impossible sticking point. we are willing to make difficult concessions. >> come january 1, tax hikes and budget cuts go into effect. >>...
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Dec 30, 2012
12/12
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. >> in addition to working on a deal on the fiscal cliff president obama has ordered 50 u.s. troops to the african country of chad to help evacuate american citizens and embassy personnel from the neighboring countr rebel forces are approaching the city. the president said it is a deteriorating security situation. the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed four people in russia. what happened to another airplane from the same airline just days ago. >> why an attorney for a new town massacre survivor says the state of connecticut is to blame. if >> how of >> we're learning more tonight about the crash of a russian airplane in moscow. four peopl
. >> in addition to working on a deal on the fiscal cliff president obama has ordered 50 u.s. troops to the african country of chad to help evacuate american citizens and embassy personnel from the neighboring countr rebel forces are approaching the city. the president said it is a deteriorating security situation. the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out...
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Dec 27, 2012
12/12
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FBC
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tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond yield is lower investors are thinking this is the safest bet stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodg
tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond...
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the paper went on to school lawmakers here saying that the u.s. should act like a responsible power. oh, boy. of course, china's interest is purely self-interest here. the last thing he needs it needs is a swdown in consumer spending. after all, where would the chinese and their economy be if it weren't for america? that's right. a lot more to come durg this hour. what this tax fairness mean? i will break down the numbers. folks like warren buffett don't want to talk about this. and aaa and unusual warning about a blend of gasoline. the federal government wants you to start using the gas. but will it damage your gerri: lok, i am no expert on media bias, but the media solving the fiscal cliff. the huffington post reporting that the offer to avert disaster sparks gop outrage. "the new york times", the front page story today that the tax code is less progressive than in 1980. back when ronald rean was president. let's take a look at federal income tax in this country. these numbers according to the tax foundation. the top 1% pay37.4%. the top 1% of e
the paper went on to school lawmakers here saying that the u.s. should act like a responsible power. oh, boy. of course, china's interest is purely self-interest here. the last thing he needs it needs is a swdown in consumer spending. after all, where would the chinese and their economy be if it weren't for america? that's right. a lot more to come durg this hour. what this tax fairness mean? i will break down the numbers. folks like warren buffett don't want to talk about this. and aaa and...
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the paper went on to school lawmakers here saying that the u.s. should act like a responsible power. oh, boy. of course, china's interest is purely self-interest here. the last thing he needs it needs is a slowdown in consumer spending. after all, where wld the chinese and their economy be if it weren't for america? that's right. a lot more to come during this hour. what this tax fairness mean? i will break down the numbers. folks like warren buffett don't want to talk about this. and aaa and unusual warning about a blend of gasoline. the federal government wants you to start using the gas. to start using the gas. but will it damage your twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the art of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives,
the paper went on to school lawmakers here saying that the u.s. should act like a responsible power. oh, boy. of course, china's interest is purely self-interest here. the last thing he needs it needs is a slowdown in consumer spending. after all, where wld the chinese and their economy be if it weren't for america? that's right. a lot more to come during this hour. what this tax fairness mean? i will break down the numbers. folks like warren buffett don't want to talk about this. and aaa and...
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1.1K
Dec 18, 2012
12/12
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FBC
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russians targeting u.s. banks like a plot straight out of the movies but the new plan targets your money. melissa: are the golden years preventing a golden opportunity for investors? we'll tell you about catering to seniors, 120%. ♪ [ male announcer ] this is karen anremiah. they don't know it yet, but they' gonna fall in love, get maied, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance anbe able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> i am cheryl casone with your fox business brief. conoco phillips selling the business units in a deal worth $1.75 billion. subject to approval and is expected to close by the middle of next year. twitter saying today it hit the 200 million act
russians targeting u.s. banks like a plot straight out of the movies but the new plan targets your money. melissa: are the golden years preventing a golden opportunity for investors? we'll tell you about catering to seniors, 120%. ♪ [ male announcer ] this is karen anremiah. they don't know it yet, but they' gonna fall in love, get maied, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. dog barks...
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Dec 29, 2012
12/12
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KQED
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shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude prices posted their largest weekly gain since august. an industry report showed that u.s. stockpiles fell last week. a barrel of oil now sells for just under $91. and finally, wrapping up the most actively traded e.t.f.s. the ipath s&p 500 v.i.x. saw a nice bounce of just over 5%. and that's tonight's "market focus." >> susie: our "market monitor" tonight says that going over the fiscal cliff doesn't mean stocks will go down. he's tom herzfeld, president of thomas herzfeld advisors. >> tom you saw today thereactioe worries of the fisca
shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude...
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Dec 27, 2012
12/12
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KRON
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both firefighters have been upgraded to a satisfactory condition. >> the u.s. postal service mail carrier accused of stealing thousands of pieces of mail and given stolen credit cards to friends will return to court today. the man pleaded not guilty to several charges of identity theft, possession of stolen property and second-degree burglary on friday. romeo maniulit says is said to us all in the mail from the area of devon shire avenue in san carlos. authorities say at least three accomplices used the stolen credit cards. >> alameda county's bounced wide shut down a section of oakland and in its interim will old tea and tea. this is video from abc seven is. police said down 37 street between market and london streets. some residents were evacuated after police learned someone is deterred and some old tnt from world war two. about what was called in to remove the more than 5 lbs. of explosives and police also have to close off the 900 block of 36 street at market. >> some mall shopper sent into a panic in sacramento after hearing what they thought were gunshot
both firefighters have been upgraded to a satisfactory condition. >> the u.s. postal service mail carrier accused of stealing thousands of pieces of mail and given stolen credit cards to friends will return to court today. the man pleaded not guilty to several charges of identity theft, possession of stolen property and second-degree burglary on friday. romeo maniulit says is said to us all in the mail from the area of devon shire avenue in san carlos. authorities say at least three...
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Dec 29, 2012
12/12
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WJZ
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shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude prices posted their largest weekly gain since august. an industry report showed that u.s. stockpiles fell last week. a barrel of oil now sells for just under $91. and finally, wrapping up the most actively traded e.t.f.s. the ipath s&p 500 v.i.x. saw a nice bounce of just over 5%. and that's tonight's "market focus." >> susie: our "market monitor" tonight says that going over the fiscal cliff doesn't mean stocks will go down. he's tom herzfeld, president of thomas herzfeld advisors. >> tom you saw today thereaction in the markets on th
shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude...
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Dec 27, 2012
12/12
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CNNW
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he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. nor is it clear what kind of deal if any they are will are have to vote on. a lot of digging tonight for dcc's dana bash. >> how likely are we to see a vote and time to avoid going over the cliff? >> it is in part the reason why housep republicans didn't make a decision to bring the house back. at this point what they are trying to figure out is whether or not they can find enough republican ares to cross party lines for what the president proposed before he went to who why. focusing on what he campaigned on. it is a big ask to get ten sep at republicans to ask them to cross over. >> so what more do we know then. it is still being crafted and that is the dance that is being down. what do democrats have to put into this. is there anything that they can do? voting for the president's plan would ace taxes. perhap
he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff. president is flying back to washington tonight unconcern what kind of deal making possibles he will find when we will come back. nor is it clear what kind of deal if any they are will are have to vote on. a lot of digging tonight for dcc's dana bash. >> how likely are we to see a vote and time to avoid going over the cliff? >> it is in part the reason why housep...
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the paper went on to school lawmakers here saying that the u.s. should act like a responsible power. oh, boy. of crse, china's interest is purely self-interest here. the last thing he needs it needs is a slowdown in consumer spending. after all, where would the chinese and their economy e if it weren't for america? that's right. a lot more to come during this hour. what this tax fairness mean? i will break down the numbers. folks like warren buffett don't want to talk about this. and aaa and unusual warning about a blend of gasoline. the federal government wants you to start using the gas. to start using the gas. but will it damage your can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wis
the paper went on to school lawmakers here saying that the u.s. should act like a responsible power. oh, boy. of crse, china's interest is purely self-interest here. the last thing he needs it needs is a slowdown in consumer spending. after all, where would the chinese and their economy e if it weren't for america? that's right. a lot more to come during this hour. what this tax fairness mean? i will break down the numbers. folks like warren buffett don't want to talk about this. and aaa and...
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as soon as that u.s. economic data came back, we took away most of those gains, and got back even on the day. all we're up on now, of course, is the concern, of course, about the middle east right now. the big news, of course, in the soybeans today, another three week high today on beeps, strong economic data means the chinese buy beans in december. the better the economy, the more beans they buy. bean traders love to hear that. up on the day. back to you. dennis: thank you. tracy: coming up, may have the one retail analyst in all america who still likes jcpenney. i want to know why. dennis: amazon and ups have jobs available now. why don't they have anyone to fill them? tracy: first how the world currencies are faring against the dollar as we head out to break. ♪ >> 22 minutes past the hour, i'm lauren green with the fox news minute. north korea planning a long range rocket launch this month despite international warnings. the first stage of the rocket put in place suggesting a launch could be next wee
as soon as that u.s. economic data came back, we took away most of those gains, and got back even on the day. all we're up on now, of course, is the concern, of course, about the middle east right now. the big news, of course, in the soybeans today, another three week high today on beeps, strong economic data means the chinese buy beans in december. the better the economy, the more beans they buy. bean traders love to hear that. up on the day. back to you. dennis: thank you. tracy: coming up,...
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Dec 11, 2012
12/12
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FBC
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this of course is the cradle of the labor movement in the u.s. the first place of the uaw and plenty of uaw folks and the unions represented. you will hear plenty of sides on this but i will give you the union side because that is where i am standing. they save right to work means essentially they come into a workplace, negotiate a bunch of benefits and work rules and salary and people who choose not to go to the union benefit from that and that is not fair. that is their argument. the governor, governor snider, who is not a crazy right winger but a moderate governor, he never had this on his agenda but when the labor unions put it on the agenda in the last election with a ballot measure, he said okay, you put this up for grabs, it was defeated, a measure to enshrine the concept of not being a right to work state. they tried to enshrine that failed miserably and the governor said you made this an issue now and we are going to make it an issue and we are going to support this bill. it seems clear to me this is going to pass today. he is not going
this of course is the cradle of the labor movement in the u.s. the first place of the uaw and plenty of uaw folks and the unions represented. you will hear plenty of sides on this but i will give you the union side because that is where i am standing. they save right to work means essentially they come into a workplace, negotiate a bunch of benefits and work rules and salary and people who choose not to go to the union benefit from that and that is not fair. that is their argument. the...
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Dec 4, 2012
12/12
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CNBC
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that the company's tea are contaminated with pesticides to the point where 100 of the samples violate u.s. laws. the company is sticking to its story that it sticks to the standards. by my colleague says that there are a huge number of hedge funds believe that the deal could fall through. they are thinking it is ortho. we will be listening when starbuck's talks about teavana tomorrow. let me give you the outline so you can understand why i'm so bullish about the stock. it is a high quality growth stock in a low-bogrowth world. they are putting up into stores all over the world. i expect to hear it is doing better than young. starbu starbuck's has high end stores may seem like there is a starbuck's in every corner in america. it is the highest quality of problems it needs to keep the lines shorter. i know they don't control the airports but please, add like five starbucks to every airport that i've been to. the company is improving the efficiency of the stores. they have the pods that you put in the keurig. and now they have the sumatra. they have the keurig the barismo. it could be a good
that the company's tea are contaminated with pesticides to the point where 100 of the samples violate u.s. laws. the company is sticking to its story that it sticks to the standards. by my colleague says that there are a huge number of hedge funds believe that the deal could fall through. they are thinking it is ortho. we will be listening when starbuck's talks about teavana tomorrow. let me give you the outline so you can understand why i'm so bullish about the stock. it is a high quality...
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Dec 26, 2012
12/12
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FBC
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economy to help the u.s. economy deride itself and to do that they want to allow the some prime negative equity borrowers to resurface out of their underwater mortgages and the number of refinancings have been moving along nicely. lookit 60,000 in 2011. i got to tell you the key is not only fannie and freddie would charge more on that refinanced mortgage, but it has to deal with the banks, particularly will the banks agreed to not have any put backs of loans on their own balance sheet, banks say we would rather have those rotten mortgages. if they do default unbalance sheets of fannie and freddie meaning taxpayers expense, the bailout could get bigger in the housing market. dennis: they have only been offering these bailouts to loans that are already backed by government. this would jump over the fence to loans people take from banks to get government guarantees to probably originated loans. liz: that is the deal. you had to change the charter at fannie and freddie to do and whether congress goes along remain
economy to help the u.s. economy deride itself and to do that they want to allow the some prime negative equity borrowers to resurface out of their underwater mortgages and the number of refinancings have been moving along nicely. lookit 60,000 in 2011. i got to tell you the key is not only fannie and freddie would charge more on that refinanced mortgage, but it has to deal with the banks, particularly will the banks agreed to not have any put backs of loans on their own balance sheet, banks...
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Dec 27, 2012
12/12
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FBC
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stuart: a massive storm, serious stuff here, big storms through the u.s., high winds, snow, everybody came down and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and we dive on that fiscal cliff, look what would happen to the average federal taxpayers, the average taxpayer is roughly 50,000 bucks a year and that person would pay a extra, 1238 per year in taxes. in fact, every taxpayer would pay more if we go over that cliff. clearly, that would be a hit to the overall economy. and who is going to get the blame for that. noel clemente is here. i've got to believe that the republicans will get the blame for this, do you agree? >> right now, it's hard to say, because the house is the only body in washington that's actually passed anything to deal with the taxe
stuart: a massive storm, serious stuff here, big storms through the u.s., high winds, snow, everybody came down and stranding a lot of travelers across the country and dumping inches of snow in some cities, actually feet in some areas. roadways in the northeast covered with snow, again, two feet of snow in some areas. big delays in a lot of airports. big headaches for holiday travelers, that storm is blamed for the at least six deaths. if congress and the president can't come up with a plan and...
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Dec 14, 2012
12/12
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FBC
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we do have quite a bit of supply and the u.s. it is going to keep the lid and some of our products like unleaded gas short-term. liz: you know, one of the things that we have not talked about lately is the repercussions of the drought on all lot of what we see as commodities. one of the place that was a very good one, certainly at the beginning of the year and then halfway through this summer was corn, soy, wheat. what is the play here? is that over? >> you want to wait for a pullback because we have a story in those products. not just inflation assets. they're still being affected by the drought. we did not get a soaker of november, which we needed to have replenishing the underwater ground level. now we have a situation where the ground is frozen and we will -- we have more. buy the dips and the grain market. liz: you will know those questions. good to see all of you. thank you so much. joining us on the floor show. first eagle overseas portfolio manager looking at both overseas plays and domestic place. while there is complace
we do have quite a bit of supply and the u.s. it is going to keep the lid and some of our products like unleaded gas short-term. liz: you know, one of the things that we have not talked about lately is the repercussions of the drought on all lot of what we see as commodities. one of the place that was a very good one, certainly at the beginning of the year and then halfway through this summer was corn, soy, wheat. what is the play here? is that over? >> you want to wait for a pullback...
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Dec 27, 2012
12/12
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KPIX
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. >> reporter: the u.s. commerce department says vietnam and china have flooded the market, forcing nearly all u.s. manufacturers out of business. so the feds slapped a 187% tariff on the imported hangers, more than doubling the cost to dry cleaners. >> we were paying probably 4 to 5 cents a hanger, now we're paying upwards of 10 cents a hanger. >> reporter: janice says customers noticed the price increase. >> customers never like it. but as costs go up for supplies, we have to do it. >> reporter: janice says hangers are hardly worth harping about. the real costs are from utilities, chemicals and wages. well, when you run through nearly 10,000 hangers a month, every cent counts, and recycling is highly encouraged. she says if you have hangers hanging around the house, hand them back in. that's fewer foreign hangers that have to be purchased. in albany, don ford, cbs 5. >>> welcome to the wettest month of the year. that was held by march for much of the year, but we eclipsed that yesterday. here's a peek outd
. >> reporter: the u.s. commerce department says vietnam and china have flooded the market, forcing nearly all u.s. manufacturers out of business. so the feds slapped a 187% tariff on the imported hangers, more than doubling the cost to dry cleaners. >> we were paying probably 4 to 5 cents a hanger, now we're paying upwards of 10 cents a hanger. >> reporter: janice says customers noticed the price increase. >> customers never like it. but as costs go up for supplies, we...
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Dec 27, 2012
12/12
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MSNBCW
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he is now telling congress that the u.s. government will reach its borrowing limit by next monday, the 31st. remember how much fun the last debt ceiling fight was? well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has
he is now telling congress that the u.s. government will reach its borrowing limit by next monday, the 31st. remember how much fun the last debt ceiling fight was? well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions...
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the data, u.s. manufacturing activity last month lowest level since the summer of 2009, but then we got a construction spending report that was good. in october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed november's estimates, but ford beat them. that's the data and push and pull among the markets, back to you. >> lauren, thanks so much. >> 12995 where it ends, nobody knows. take a gamble. talks in a standstill, timothy geithner blaming republicans saying they have to raise taxes in order to avoid going over the cliff. rich edson in washington with the latest, rich? >> they are stuck on this offer, which the white house says is less of an offer and the same position the administration staked out in its jobs bill and deficit proposal over the last couple years. half trillion in tax increases or trillion and a half in tax increases, $600 billion in spending cuts, more spending, and a perm
the data, u.s. manufacturing activity last month lowest level since the summer of 2009, but then we got a construction spending report that was good. in october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed november's estimates, but ford beat them. that's the data and push and pull among the markets, back to you. >> lauren, thanks so much. >> 12995 where it ends, nobody...
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Dec 20, 2012
12/12
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already major u.s. and european carriers signed on board. we want to know more, however, any preorder details will move the stock, and we'll talk about that after close today. the stock up already ahead of those numbers as well. liz: i don't know how the company fumbled such a massive market share. i know you are with me, i can't let go. you get the second phone for the pictures, but the -- don't forget we'll cover research in motion's earnings report after the bell the second numbers come out. we'll have them, and, oh, yes, nike as well. don't miss nike. supposed to be a hot seller, but the wii console caused a problem for a game maker. they had thousands and thousands of preorders ton this. >> i'm sitting with my friends, chatting about game stock, and he can't comment on it because he's trading on it, but it's down 5.5% right now for game stock, not ad good move there, under pressure, and that's because we have the analysts talking over, and they cut revenue estimates for game stop based on what they see from nintendo, the wii u, and i kn
already major u.s. and european carriers signed on board. we want to know more, however, any preorder details will move the stock, and we'll talk about that after close today. the stock up already ahead of those numbers as well. liz: i don't know how the company fumbled such a massive market share. i know you are with me, i can't let go. you get the second phone for the pictures, but the -- don't forget we'll cover research in motion's earnings report after the bell the second numbers come out....
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but here in the u.s. every time an exchange like the nasdaq or the new york stock exchange tries to make any kind of merger or acquisition, it's usually rejected lately. >> well, i think what we've looked at is bringing together canada's financial markets under one institution so we can really have a very strong market. now, there are competitors. we have alternative trading systems that are owned and operated by other entities, and a low barrier to entry for new organizations to come to canada. but the reality is that we think we offer the most comprehensive services. david: let's talk about how our regulations might affect your companies. dodd-frank is going to have worldwide implications. >> well, dodd-frank's really important to us. in fact, i've spent personally a lot of time in washington over the last year as dodd-frank -- david: did they accept your input? >> for sure. the cftc, in particular. it impacts us in important ways because as our institutions execute interest rate swaps, they're going to
but here in the u.s. every time an exchange like the nasdaq or the new york stock exchange tries to make any kind of merger or acquisition, it's usually rejected lately. >> well, i think what we've looked at is bringing together canada's financial markets under one institution so we can really have a very strong market. now, there are competitors. we have alternative trading systems that are owned and operated by other entities, and a low barrier to entry for new organizations to come to...
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Dec 22, 2012
12/12
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, high grade corporate bonds, bonds from ge,oogle, apple, those are bonds tat pay way more than the u.s. government debt and frankly in my opinion have a better credit rating. those are places i would look if you're scared of stocks here. melissa: but, scott, i am a little nervous about stocks cause i think the economy, you don't think it will be horribled by debt, by regulati, by, you know, uncertainty. every ceo says they don't knowhat is coming down the pike. for whatever excuse they're using this week, they're not hiring they're not expanding. i think stocks look kind of scary here. >> well that's a good thing usually. if stocks look great, that is ush looly time to sell th. you made a great point, melissa. we heard the same song and dance from ceos for three years since president obama got in the white house. guess what happened? we had pretty good bull market in he can equities. those scenaos stocks could definite get volatile here and go down in j january and i would dinitely buy the ps. melissa: kimberly, what do pou think?. >> i agree with scott, 100%. my crystal ball broke in
, high grade corporate bonds, bonds from ge,oogle, apple, those are bonds tat pay way more than the u.s. government debt and frankly in my opinion have a better credit rating. those are places i would look if you're scared of stocks here. melissa: but, scott, i am a little nervous about stocks cause i think the economy, you don't think it will be horribled by debt, by regulati, by, you know, uncertainty. every ceo says they don't knowhat is coming down the pike. for whatever excuse they're...
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Dec 27, 2012
12/12
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inouye was the second longest serving u.s. senator of all time. >>> toyota has agreed to set al lawsuit. you probably remember this. the automaker has agreed to pay more than a billion dollars to install new safety features to compensate owners. drivers sued toyota because floor mats were getting stuck causing their vehicles to accelerate. under the agreement toyota said that they will install a brake override system in three million vehicles. >>> all right, time now for a check of the forecast. mike is up here with us once again. you are working double time. >> sure and you may need the four wheel drive over the weekend. uh-oh. >> again? >> yeah again unfortunately. >> christmas eve. >> yeah. >> day after. >> day after. >> new year's eve. >> close. >> probably today too you said. >> ish, yes. this is -- all right it's a saturday storm to kind of make this a little bit clearer. we're not sure how much snow could fall. >> you got a number left? >> i'm just going to go to the wall okay? all right. let's do this thing. oh man we'
inouye was the second longest serving u.s. senator of all time. >>> toyota has agreed to set al lawsuit. you probably remember this. the automaker has agreed to pay more than a billion dollars to install new safety features to compensate owners. drivers sued toyota because floor mats were getting stuck causing their vehicles to accelerate. under the agreement toyota said that they will install a brake override system in three million vehicles. >>> all right, time now for a...
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Dec 30, 2012
12/12
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now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. they want any dollar and increase of the debt ceiling to also invol a dollar in cuts over 10 years. if they don't have those corresponding cuts, it is unlikely that many of them will vote for an increase in the debt ceilin removing them from the equation helps pave the way, at least for what will really be described as a stopgap proposal, one to avoid the full impact of the fiscal cliff. it will allow congress to again take another crack at finding some way to deal with s
now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it...
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Dec 21, 2012
12/12
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reporting a profit that surprised analysts, then sold off on word of declining blackberry sales in the u.s. nike stock jumped 6% higher after exceeding earnings expectations and revealing orders were up 6% in the quarter. now on to the market, which also gained ground yesterday on optimism a budget deal will emerge out of washington. meanwhile, the sleepless in america are creating a boost in business. consumers spending on treatments for insomnia shot up from $24 billion 4 years ago to $32 billion now. fortunately, it's a bumper year for the coffee crop in brazil. the country is harvesting its biggest coffee crop ever. and peter madoff is sentenced to the max of 10 years in prison for helping his brother bernie in their infamous ponzi scheme. scott bauer of trading advantage joins us on this friday morning for a closer look at the markets. good morning to you. we had a nice santa claus rally going on here. do you think that this fiscal talk is just going to kill it? > > no, it doesn't look like it. the trend over the last few days is, we have seen the market up, but we have seen it really
reporting a profit that surprised analysts, then sold off on word of declining blackberry sales in the u.s. nike stock jumped 6% higher after exceeding earnings expectations and revealing orders were up 6% in the quarter. now on to the market, which also gained ground yesterday on optimism a budget deal will emerge out of washington. meanwhile, the sleepless in america are creating a boost in business. consumers spending on treatments for insomnia shot up from $24 billion 4 years ago to $32...
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Dec 18, 2012
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i know some big multinational space to the u.s. that not only won a weak dollar to make our products cheaper, but i'll talk to carlos about this in a minute. let me get to that nymex. obviously whale is an interesting play, but i you guys talking a lot about this gold price behavior? this is really weird. >> well, it is tied in w dollar. so many people leading the same way. all the sudden you start to see it. stocks got hit and people start to panic. you basically have people that look in to say, you know, this dollar is going to get smacked. the reverse my position. liz: speaking of stocks, keith, buy stops were triggered, were they not? the s&p hit 1440. it looks that way to us here at fox business. >> say that again. liz: when the s&p had 1440 earlier today, it looked like five programs kicked in. right? is that what you're seeing on the floor? >> absolutely. we had a pretty strong resistance. your right. we get to 1440, hesitated, and then the buyers came in and we pushed through that level. 1442. the next up on this is pretty
i know some big multinational space to the u.s. that not only won a weak dollar to make our products cheaper, but i'll talk to carlos about this in a minute. let me get to that nymex. obviously whale is an interesting play, but i you guys talking a lot about this gold price behavior? this is really weird. >> well, it is tied in w dollar. so many people leading the same way. all the sudden you start to see it. stocks got hit and people start to panic. you basically have people that look in...
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Dec 11, 2012
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tracy: u.s. companies are leaner and meaner annthey have been probably in my lifetime but there is ts looming fiscal cliff. do you ink we will get a deal before the end of the year? >> i have absolute no idea. there is low hanging fruit. strongly both sides not want to see thether 30 some million people as married der it. there could be so low hanging fruit. they coulwe cld get some sort of compromise onhe bush tax cuts, but there is a two-stage process and we are only focused on the first stage representing the deadline just getting some sort of a deal. the extent we get one, there is breath of relief and then we start to look at the details of whatever the deal is in t implications for the economy for the market and corporate earnings and a those things. i think we're not quite at that stage yet. tracy: we have a meeting on wednesday, we will hear results of q4, more stimulus, what do you expect to hear? >> operation twist, the fed selling so of the dated securities to buy longer dated securiti
tracy: u.s. companies are leaner and meaner annthey have been probably in my lifetime but there is ts looming fiscal cliff. do you ink we will get a deal before the end of the year? >> i have absolute no idea. there is low hanging fruit. strongly both sides not want to see thether 30 some million people as married der it. there could be so low hanging fruit. they coulwe cld get some sort of compromise onhe bush tax cuts, but there is a two-stage process and we are only focused on the...
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there is a current petition for the u.s. to build a space superiority platform and weapon system like the death star by 2016. there are more than 1,000 signatures so far, and those are in support. the government should spur job creation. it feels like construction and engineering. that's exactly what america needs. >> a total of some legacy project. listen. shovel-ready jobs. extremely happy. we know that. he can work with newt gingrich who wants a lunar colony. a good bipartisan project for the two of them. >> is that a hostile name? >> i like it. >> and because we're talking about defense it woold have a huge deterrent effect to all of our enemies. if it did have to go up against the death star. >> i love it. >> of the death panel start. melissa: here is a fun one. the show's seinfeld is the funniest said, all time. 22 percent of those polled said the show was about nothing. it was the funniest show of all time. >> looking at the top five or ten biggest or greatest comedies, what shocked me is that i love lucy is not even
there is a current petition for the u.s. to build a space superiority platform and weapon system like the death star by 2016. there are more than 1,000 signatures so far, and those are in support. the government should spur job creation. it feels like construction and engineering. that's exactly what america needs. >> a total of some legacy project. listen. shovel-ready jobs. extremely happy. we know that. he can work with newt gingrich who wants a lunar colony. a good bipartisan project...
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Dec 27, 2012
12/12
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1.5 million asking price, it would have been by far the biggest residential real estate sale in the u.s. this year. i could use a ranch house. that would be nice. coming up, forget the fiscal cliff. a slew of new taxes coming your way in less than week. something congress and the president talked about years ago. i will break it down ask. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, m good. you got it? yes. rates for us and them -- now that's progressive. call or click today. gerri: it will be a new year pretty soon. we will get new taxes. not just for wealthy americans either. millions of americans will face obamacare tax hikes in 2013. especially the middle class. it will likely affect the way you receive care in the way you buy health care. care to explain is doctor mitchell brooks. doctor, welcome back to the show. it's alway
1.5 million asking price, it would have been by far the biggest residential real estate sale in the u.s. this year. i could use a ranch house. that would be nice. coming up, forget the fiscal cliff. a slew of new taxes coming your way in less than week. something congress and the president talked about years ago. i will break it down ask. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here....
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Dec 27, 2012
12/12
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the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to make them look better? to appease voters. if that's the reason, great. >> reporter: some call it a low form of political shenanigans. >> i think that's horrible, they would put the american people through that. i don't think it's fair to the american people. >> reporter: this afternoon, east bay congresswoman barbara lee told me, there are too many lives at stake if we do not get a deal before the end of the year. john fowler, ktvu, channel 2 news. >>> starbucks is urging its employees in the washington area to send a message to congress. baristas will be writing
the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to...
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Dec 25, 2012
12/12
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it is one of the biggest oil and gas producers in the u.s.. gerri: doesn't it matter if it loses contracts from the u.s.? >> they have a lot of contracts already. so those contracts don't go away. there is enonly on new contracts. it is important but i think it is a temporary deal. gerri: robert, you must come back and sit on the set again. always a pleasure. >> always happy to be here, gerri. gerri: still ahead tonight, a mountain of new regulations coming our way next year thanks to congress. we'll break it down. president obama promised to end crony capitalism. how is he doing? we'll have a report card. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investnts. our integrated technical analysis is one more innovative reason serious invest
it is one of the biggest oil and gas producers in the u.s.. gerri: doesn't it matter if it loses contracts from the u.s.? >> they have a lot of contracts already. so those contracts don't go away. there is enonly on new contracts. it is important but i think it is a temporary deal. gerri: robert, you must come back and sit on the set again. always a pleasure. >> always happy to be here, gerri. gerri: still ahead tonight, a mountain of new regulations coming our way next year thanks...
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Dec 5, 2012
12/12
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we want to know how the u.s. business is doing. and you need to hear about international. europe and especially china. starbucks is competing with keurig. don't forget, green mountain, it has been up huge. starbucks should tell us what it is going to do with its cash. maybe a special dividend. they have the cash to do it. i prefer them to grow with the money. this is a major bone of contention with the bulls. i think starbucks branching out is good. the bears, they seem to think that the coffee could be played out. starbucks will tell us about the new juice store concept and the bakery chain. maybe it will give us insight to what could end up being one of the three top markets for starbucks. india. i can't wait to hear about the projections about india. and of course they need to address teavana. i thought this could be a terrific move. teavana gives the company a chain of tea stores that seem to be quite popular. the earnings as early at 2013. not just the cute tea bags. like i want to add some hot tea. i think it could turn out to be howard's third place. this time for t
we want to know how the u.s. business is doing. and you need to hear about international. europe and especially china. starbucks is competing with keurig. don't forget, green mountain, it has been up huge. starbucks should tell us what it is going to do with its cash. maybe a special dividend. they have the cash to do it. i prefer them to grow with the money. this is a major bone of contention with the bulls. i think starbucks branching out is good. the bears, they seem to think that the coffee...
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Dec 26, 2012
12/12
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it is one of the biggest oil and gas producers in the u.s.. gerri: doesn't it matter if it loses contracts from the u.s.? >> they have a lot of contracts already. so those contracts don't go away. there is enonly on new contracts. it is important but i think it is a temporary deal. gerri: robert, you must come back and sit on the set again. always a pleasure. >> always happy to be here, gerri. gerri: still ahead tonight, a mountain of new regulations coming our way next year thanks to congress. we'll break it down. president obama promised to end crony capitalism. how is he doing? we'll have a report card. gerri: brace yourselves for a tsunami of new regulations on the way. a study finds new regulation still under review by the obama administration could cost $106 billion before the end of the year. the biggest culprits? the epa and the energy department. here to explain the director of regulation policy for the american action forum. sam, welcome. i want to start with this $106 billion number we were talking about in the break. this is a lot
it is one of the biggest oil and gas producers in the u.s.. gerri: doesn't it matter if it loses contracts from the u.s.? >> they have a lot of contracts already. so those contracts don't go away. there is enonly on new contracts. it is important but i think it is a temporary deal. gerri: robert, you must come back and sit on the set again. always a pleasure. >> always happy to be here, gerri. gerri: still ahead tonight, a mountain of new regulations coming our way next year thanks...
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Dec 14, 2012
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your information is not being looked at by the u.s. government. but it is shared with foreign countries as well. our next guest says this is crossing the line. when i heard about this, i didn't believe it. it is so blatantly horrible it that can't be happening. why do you insist it is? >> the worst thing is that the government had all this data to throw into this big pot in the first place. there was this sort of notion that somehow there would be firewalls and dispatched it would be kept separate. this is a great lesson. never believe the government when they said we promise to be good stewards of your information. they are buying. neil: i do agree with you on that. i always wondered in this age where everything is available, for a price, everything is digitized. your bank records and flight records, it's all out there. easy together if you want to. >> i actually think that the idea that the people are freaked out about gmail or faced with having all their data, it really misses the point. the idea that those guys want to sell you stuff, would yo
your information is not being looked at by the u.s. government. but it is shared with foreign countries as well. our next guest says this is crossing the line. when i heard about this, i didn't believe it. it is so blatantly horrible it that can't be happening. why do you insist it is? >> the worst thing is that the government had all this data to throw into this big pot in the first place. there was this sort of notion that somehow there would be firewalls and dispatched it would be kept...
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Dec 28, 2012
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general dynamics have been asked to build u.s. submarines for the u.s. navy. it is worth $400 billion. the money has already been securee. barge companies fear falling water levels on the mississippi river could halt commerce as early as next week. the coast guard says it is confident that the waterway will remain open. a new report says champagne sales in france are down nearly 5% from last year. despite the weak sales, france still consumed the most to give more than 170 million bottles in the last year alone. that is the latest from the fox business network. giving you the power to prosper. ♪ with fidelity's new options platform, we've completely integrated every step of the process, to get a list of equ. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. dagen: pending home sales rising in november for a third straight month
general dynamics have been asked to build u.s. submarines for the u.s. navy. it is worth $400 billion. the money has already been securee. barge companies fear falling water levels on the mississippi river could halt commerce as early as next week. the coast guard says it is confident that the waterway will remain open. a new report says champagne sales in france are down nearly 5% from last year. despite the weak sales, france still consumed the most to give more than 170 million bottles in...
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Dec 31, 2012
12/12
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check u.s. futures as well as how trading taking place overseas. futures in the united states in positive territory. s&p as well as the dow could be down dramatically. let's day can a look at hong kong, the hang seng is actually down, here is what we'll know more of the outlook for the first quarter has for some time anticipated a significant slowdown in response to the fiscal drag and fiscal debate. we're not to alter the forecast. they sent a note to their clients. virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the negotiations. they worked out a deal couple years ago for unemployment insurance that cut the social security
check u.s. futures as well as how trading taking place overseas. futures in the united states in positive territory. s&p as well as the dow could be down dramatically. let's day can a look at hong kong, the hang seng is actually down, here is what we'll know more of the outlook for the first quarter has for some time anticipated a significant slowdown in response to the fiscal drag and fiscal debate. we're not to alter the forecast. they sent a note to their clients. virtual standing by...
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Dec 19, 2012
12/12
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the u.s. could lose its aaa status. this is from fitch ratings. wait until you see what we are going to have to spend for our debt if we lose the aaa status. because it will cost us more to float our bonds. what is being done right now? not to escalate the war of words, but to find some common ground. >> the houses focused on passing a tax policy. senate and have them respond. what is now a look at is the sequestration piece. the president refuses to deal with the side and we have to do this. last summer we were talking about the same issues were the bomb folks were saying that if there is not real spending reductions, if we don't get a plan, the automatic spending cuts kick in. the president is asking to turn those off, that sends a signal as well that we are not serious about reducing spending. this is the absolute worst way to reduce spending. it is the only option that we have. gerri: thank you for coming on the show tonight. meanwhile, tensions escalate during the fiscal cliff talks and i am joined by jake tapper, chief white house correspond
the u.s. could lose its aaa status. this is from fitch ratings. wait until you see what we are going to have to spend for our debt if we lose the aaa status. because it will cost us more to float our bonds. what is being done right now? not to escalate the war of words, but to find some common ground. >> the houses focused on passing a tax policy. senate and have them respond. what is now a look at is the sequestration piece. the president refuses to deal with the side and we have to do...